Introducing Mio – M&A Insurance Online

M&A MGA Fusion Specialty and sister company io.insure announced the global launch of Mio, which stands for M&A insurance online. As an aside, both io.insure and Fusion Specialty are owned by POP .

Coverage is geared towards SMEs in Australia, the UK, Europe and the US and meets “the otherwise neglected risk cover needs of SME buyers, sellers, advisors, and brokers with its proprietary technology and design developed specifically for the SME M&A segment.”

Fusion estimates the SME M&A insurance market to be worth around $14 billion in insurance premiums, yet underwriters often don’t cover smaller M&A deals. Mio provides transactional risk coverage for M&A deals valued between $1 million and $100 million. Fusion underwriters can deliver a standalone policy online within two to three days. This “streamlined process” is the work of io.insure, an online marketplace for M&A insurance.